The Coca-Cola Co. is seeking to achieve a “marketing renaissance”.
Even if the soft drinks giant is still in the early stages of this process – as Shakir Moin, chief marketing officer for Coca-Cola North America, conceded – its mission is guided by a three-pronged formula of what makes a great brand.
“A brand is a promise wrapped in an experience inside a memory,” Moin said at the Association of National Advertisers’ (ANA) 2023 Masters of Marketing conference.
Elaborating on this notion, he argued that superior products must have a clear, appealing promise; anything less than that is “just a...